Economic Trends

"Advancements in technology have eliminated geographic boundaries for many professional & business services. While technology and business systems are evolving rapidly, organizations are having ..."

"The “Internet of Things” (IoT) has redefined the information industry, particularly in sectors like software, devices & infrastructure, IT, business services, telecommunications services, and ..."

"An aging workforce with a lack of young, skilled labor accompanied by the costly nature of New Jersey’s business climate could be two key factors contributing to the decreasing presence of ..."

"The health services industry faces unprecedented challenges as the coronavirus pandemic stretches into its fifth month. The industry was already a major employer in the Garden State pre-pandemic, but ..."

"Nearly half of business owners anticipate it will take 10 months or longer to generate revenues comparable to pre-COVID profits, while nearly 12% say they will never make up for those missed ..."

" The Impact of COVID-19 on New Jersey's Workforce  NJ's Weekly UI Claims & Estimated Total Unemployment Every Thursday, the U.S. Department of Labor releases Unemployment Insurance Weekly ..."

" The Impact of COVID-19 on New Jersey's Workforce NJ's Estimated Weekly U-6 Unemployment Rate Prior to COVID-19, Focus NJ was tracking the state’s employment rate on a monthly basis, given ..."

"Executive Summary The Paycheck Protection Program (PPP) was enacted on March 27, 2020 through the CARES Act to alleviate economic strain caused by COVID-19. PPP loans are available to small ..."

"The nation is in uncharted territory from the stresses that the novel coronavirus has placed on healthcare providers and the economy. While the health and welfare of the American people is and should ..."

"Most people would say $2.2 billion is a lot of money. That happens to be the average annual net amount New Jersey has lost in Adjusted Gross Income (AGI) due to people moving in and out of the state ..."